INTERNATIONAL FOUNDATION OF EMPLOY… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

TERENCE S DAVIDSON

Phone

2627866700

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC, founded in 1954, is a mid-sized nonprofit in the Community Improvement sector that reported $34.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS IS A NONPROFIT ORGANIZATION, DEDICATED TO BEING A LEADING OBJECTIVE AND INDEPENDENT SOURCE OF EMPLOYEE BENEFITS AND FINANCIAL LITERACY EDUCATION AND INFORMATION.

Program Service Accomplishments

Program 1

Expenses: $14,086,964 Revenue: $22,796,319

EDUCATIONAL PROGRAMS, SERVICES AND CONFERENCES RELATED TO EMPLOYEE BENEFIT PLANS.

Program 2

Expenses: $2,218,161 Revenue: $2,738,584

EDUCATIONAL PROGRAMS RELATED TO THE CERTIFIED EMPLOYEE BENEFITS SPECIALIST DESIGNATION.

Program 3

Expenses: $2,772,499

PROGRAM DEVELOPMENT INCLUDES: SALES, PARTNERSHIPS, ADVERTISING, PUBLIC RELATIONS, AND MARKETING RELATING TO EMPLOYEE BENEFITS, FINANCIAL LITERACY, RETIREMENT SECURITY AND EDUCATION AND INFORMATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $32,005,812

Investment Income $807,456

Other Revenue $1,416,307

TOTAL REVENUE $34,229,575

Expense Breakdown

Grants Paid $22,348

Salaries & Benefits $15,167,931

Fundraising Expenses $0

Program Expenses $22,533,174

Other Expenses $19,394,885

TOTAL EXPENSES $34,585,164

Year-over-Year Comparison

	2023	2022	Change
Revenue	$34,229,575	$31,544,284	+0.1%
Expenses	$34,585,164	$30,013,596	+0.2%
Net Income	$-355,589	$1,530,688	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

153

Volunteers

246

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,065,488

Total Directors

$42,563

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN E TIGHE	IMMEDIATE PAST PRESIDENT	3.00	Director	$6,728	$0	$6,728
WENDELL YOUNG IV	PAST PRESIDENT	3.00	Director	$1,328	$0	$1,328
JILL MONGELLUZZO	CORPORATE SECTOR REP.	3.00	Director	$0	$0	$0
RUBEN NAVARRO	PUBLIC EMPLOYEES SECTOR REP	3.00	Director	$6,633	$0	$6,633
KIRBY WATSON	CANADIAN SECTOR REP.	3.00	Director	$0	$0	$0
KENNETH C BORDEN	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH R BOYD	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE J BRADLEY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL P BRADY	DIRECTOR	1.00	Director	$0	$0	$0
NANCY BRINKERHOFF	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER JG BROCKMEYER	DIRECTOR	1.00	Director	$0	$0	$0
TANNER J BRUNSDALE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS A CAMP	DIRECTOR	1.00	Director	$0	$0	$0
MAURO CANORI	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS A DILLON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM F FEYLING	DIRECTOR	1.00	Director	$0	$0	$0
ED GALLOS	DIRECTOR	1.00	Director	$0	$0	$0
FAYE I GUENTHER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL T HAFFNER	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA M HENRICKSON	DIRECTOR	1.00	Director	$6,672	$0	$6,672
PATRICK LACASSA	DIRECTOR	1.00	Director	$0	$0	$0
RONALD W LAUDEL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM C LIGETTI JR	DIRECTOR	1.00	Director	$0	$0	$0
JANET K MANUEL	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN J MCCAFFREY	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY MERFELD	DIRECTOR	1.00	Director	$0	$0	$0
FRANK E NUNES	DIRECTOR	1.00	Director	$0	$0	$0
SEAN T O'DONNELL	DIRECTOR	1.00	Director	$858	$0	$858
PETER O'HARA	DIRECTOR	1.00	Director	$0	$0	$0
LEONARD P O'NEILL	DIRECTOR	1.00	Director	$6,033	$0	$6,033
KARIN A PETERS	DIRECTOR	1.00	Director	$0	$0	$0
JACK W RAMAGE	DIRECTOR	1.00	Director	$2,195	$0	$2,195
ALAN H RAPHAEL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN E SLATERY	DIRECTOR	1.00	Director	$7,168	$0	$7,168
DONNA L SPAGNOLA	DIRECTOR	1.00	Director	$1,407	$0	$1,407
THOMAS W STIEDE	DIRECTOR	1.00	Director	$1,610	$0	$1,610
GREG TRENTO	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY VALENCIA	DIRECTOR	1.00	Director	$1,931	$0	$1,931
ALVIN VINCENT JR	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI E WAGNER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD A WILLIAMSON	DIRECTOR	1.00	Director	$0	$0	$0
TIM WORKE	DIRECTOR	1.00	Director	$0	$0	$0
SEAN P MADIX	PRESIDENT & CHAIR	13.00	Officer	$10,500	$0	$10,500
DONALD D CROSATTO	PRESIDENT-ELECT	8.00	Officer	$0	$0	$0
TODD G HELFRICH	TREASURER	3.00	Officer	$0	$0	$0
KRISTINA M GUASTAFERRI	SECRETARY	3.00	Officer	$0	$0	$0
TERRY DAVIDSON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$528,836	$140,560	$669,396
AL HAMWRIGHT	CHIEF FINANCIAL OFFICER	40.00	Officer	$309,319	$76,273	$385,592
JOSEPH GLINIECKI	VICE PRESIDENT, BUSINESS D	40.00	Highest	$250,086	$84,265	$334,351
JULIE STICH	VICE PRESIDENT, CONTENT	40.00	Highest	$251,871	$64,611	$316,482
ANDIE GEBERT	VICE PRESIDENT, TALENT	40.00	Highest	$249,732	$66,848	$316,580
LINDA BIELSKI	DIRECTOR, CEBS/ISCEBS	40.00	Highest	$161,996	$56,945	$218,941
ERIC MATSCHULL	DIRECTOR, FINANCE AND ACCO	40.00	Highest	$158,523	$41,654	$200,177

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$34,229,575	$34,585,164	$47,993,590	$-355,589
2022	$31,544,284	$30,013,596	$42,247,645	$1,530,688
2021	$24,056,813	$22,314,207	$45,052,685	$1,742,606
2020	$28,900,470	$22,175,749	$47,913,119	$6,724,721
2019	$33,631,857	$32,953,726	$36,868,660	$678,131
2018	$33,284,078	$31,697,802	$34,121,220	$1,586,276

INTERNATIONAL FOUNDATION OF EMPLOYEE BENEFIT PLANS INC